Sentences with phrase «accelerated withdrawal benefit»

Not exact matches

And, there are also options for accessing cash value via loans and / or withdrawals, as well as through accelerating the death benefit if the insured contracts certain illnesses.

(Included in the Policy) Guaranteed Refund Option • Accelerated Death Benefit for Terminal and Chronic Illness Rider • Waiver of Surrender Charges for Partial Withdrawals Rider

Riders either are included or can be added for a fee such as the disability income rider, long term care riders either providing cash or the ability to take withdrawals prior to death free of taxes, or accelerated death benefit that allows payouts prior to death in the event of a terminal illness.

If you have a life insurance policy with cash value or accelerated death benefits, you may be able to make a partial withdrawal of your policy's funds without incurring a federal income tax liability.